Fast reading
- BAE Systems has accelerated its societal and environmental ambitions with key commitments regarding its workforce and climate.
- Like many of its peers in the aerospace and defence Industry, BAE has a highly experienced workforce that is nearing retirement. This presents an opportunity to reshape the workforce by diversifying and upskilling alongside the risk of ensuring knowledge transfer. The company’s future will depend on its ability to attract and retain science, technology, engineering and mathematics professionals who are increasingly in demand, particularly in artificial intelligence as the industry undergoes a digital transformation.
- EOS at Federated Hermes has been engaging with BAE Systems since 2009 on a range of issues, including payment of living wages to its workforce, improving gender diversity in its leadership teams, and expanding its climate strategy and targets beyond its own operations.